Annual report 2018

50 | Galenica annual report 2018 Changes in the capital Information about changes in the share capital, reserves and distributable profit can be found on pages 133 and 137 of the financial statements 2018. Participation and dividend certificates Galenica has no participation or dividend certifi- cates. Registration of shareholders Buyers of shares are entered in the sharehold- ers’ register upon request as shareholders with voting rights if they declare explicitly that they have acquired the shares in their own name and for their own account. Registration and voting rights Each registered share entitles the holder to one vote at the Annual General Meeting. Pursuant to Art. 13 of the Articles of Association, voting rights at Galenica are restricted to 5% of the share cap- ital. Legal entities and partnerships, other groups of persons or joint owners who are interrelated through capital ownership, voting rights, common management or are otherwise linked, as well as individuals or legal entities or partnerships that act in concert to circumvent this provision, shall be treated as one single entity. The Board of Directors may refuse registration in the shareholders’ register if purchasers do not declare explicitly, upon request, that they have acquired the shares in their own name and for their own account. The Board of Directors is also authorised to cancel any entries in the shareholders’ register that came about on the basis of incorrect infor- mation or to change these into entries without voting rights, and vice versa. The Board of Directors may approve exceptions to the voting rights restrictions in order to permit the participation of strategic partners in Galenica Ltd., in an amount not exceeding 20% of the share capital. The Board did not exercise this right in the year under review. Structure of the Galenica Group Business sector Business sector Business sector Retail Products & Brands Services Management company Galenicare Formats Amavita Aprioris Careproduct Coop Vitality Mediservice Sun Store Services Winconcept Companies G-Pharma Verfora Pre-wholesale Alloga Wholesale Galexis Pharmapool Unione Farmaceutica Distribuzione Services Medifilm Content & Process HCI Solutions Galenica Services Segment Health & Beauty Segment Status: January 2019 Corporate Governance Galenica